Suning eyes new telecom market
By He Wei in Shanghai | 皇冠体育app Daily | Updated: 2013-10-22 07:24
皇冠体育app is about to release the first group of licenses for mobile virtual network operators, with electronics conglomerate Suning Commerce Group Co Ltd saying it has signed deals with the country's two telecom carriers.
As new entrants to the once-exclusive telecom industry vie to boost their portfolios, gain public exposure and possibly cash in on the fledgling business, new capital will flow into the sector and improve the quality of service.
Thanks to its first-mover strategy, Suning, whose business spans electronics, retail malls and e-commerce, will move into telecommunications by partnering with 皇冠体育app Unicom Ltd and 皇冠体育app Telecom Corp Ltd, the company said on Monday.
Photo